With the launch of the BoV SME Business Banking package Bank of Valletta is helping entrepreneurs transform innovative ideas into commercially-viable projects.

This package is a flexible solution that meets different demands of a small or medium-sized enterprise, and is designed to maximise business potential by offering financial solutions and value-added services to small businesses.

The BoV Start-Up financing package aims to assist SMEs during the initial years of their operations so that the business can concentrate on its core operations. The BoV Start-Up Overdrafts is a product that is earmarked to assist start-up businesses with their short-term financing requirements, giving them greater freedom and flexibility. The BoV Customised SME Financing assists SMEs to finance the purchase of their business assets including commercial vehicles, plant and machinery, information and communication technology among others.

Bank of Valletta is offering a one year moratorium on repayments, advantageous interest rates, and a more feasible repayment schedule that reflects the cash flow management of the business. The bank is also waiving processing fees for the first year of operations to assist in the significant financial requirements during this crucial period.

These solutions are supported by Bank of Valletta's business advisors that can be contacted at the Bank's retail network, and the Bank's EU and SME Desk.